judo
2010-05-21 21:21:17
- #1
Hello,
I am 28 years old, new here, and have some questions.
My boyfriend, 29 years old, and I currently live in an apartment with my parents-in-law, which we have renovated with a loan of €40,000. However, we have now decided to either build or buy. We want to take out a loan of €200,000 and use part of it to first repay the initial loan, which we financed through a building savings contract.
I am currently on parental leave; we have a 1-year-old child. My boyfriend is a civil servant and earns well. We can definitely afford a monthly installment of €800/900.
Do you think it is worthwhile to go to the bank for such a high loan of €200,000? Unfortunately, we have neither land nor equity.
Kind regards
I am 28 years old, new here, and have some questions.
My boyfriend, 29 years old, and I currently live in an apartment with my parents-in-law, which we have renovated with a loan of €40,000. However, we have now decided to either build or buy. We want to take out a loan of €200,000 and use part of it to first repay the initial loan, which we financed through a building savings contract.
I am currently on parental leave; we have a 1-year-old child. My boyfriend is a civil servant and earns well. We can definitely afford a monthly installment of €800/900.
Do you think it is worthwhile to go to the bank for such a high loan of €200,000? Unfortunately, we have neither land nor equity.
Kind regards